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Gordon Murray T25

Gordon Murray Design has unveiled the T25 prototype, a car that the company's founder, Gordon Murray, has long talked about as the vehicle that will revolutionize the automotive industry. At just 2400mm long, 1300mm wide and 1600mm high, the T25 occupies a greatly reduced footprint in comparison to a Smart ForTwo or Toyota iQ. The T25 seats three, with a central driver flanked by two rearward passengers, in a formation reminiscent of Murray's most famous work to date – the McLaren F1.

PPG Design Challenge

Global supplier PPG Industries presented its Design Challenge awards at the 2008 Detroit Auto Show in January. The annual automotive glass design competition called for students to design a vehicle for a 20-something male named Matt - a recent college graduate beginning his career - whose vehicle needed to be image-enhancing and reliable. Taking inspiration from golf, bamboo charcoal and catamaran boats, 26 transportation design sophomores presented concepts that demonstrated the versatility of glass in providing unique styling as well as utility, comfort and convenience.

Volkswagen hits back, weighs making a bid for Porsche

Volkswagen is considering an audacious reverse-takeover bid for its majority shareholder, Porsche, in a twist in the drawn-out struggle for control between the two German carmakers. The Volkswagen Group's supervisory board is said to be weighing the possibility of purchasing Porsche AG, in a move that would relieve its holding company, Porsche SE, of massive debt that industry analysts suggest the company may not be able to fund should the world's financial crisis drag on well into 2010--a scenario put forward this week by the International Monetary Fund. The secret plan emerged as shareholders were set to convene at Volkswagen's annual meeting on Thursday, and it comes after Porsche revealed that it is carrying some 9 billion euros ($11.73 billion) in debt, most of it owing to interest on loans taken out to purchase its 50.8 percent stake in VW.